Indonesia BF upset to hurt Posco profits
Jan 29, 2014 | 09:25 AM
SINGAPORE South Koreas Posco Ltd. expects to record a lower profit this year from PT Krakatau Posco, its 3-million-tonne-per-year Indonesian joint venture, due to an accident at the mills blast furnace.
The integrated facility, which was officially commissioned at the end of December, suffered an unspecified accident in early January, a Posco executive said Jan. 28 during a conference with investors and analysts.....
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